They are onshore. I mean they are in Nigeria.
They say its the first indigenously owned fx brokerage in Nigeria.
and since all the other foreign brokers, dont seem to pay out ones profit. and you cant just travel to their host country. thats why am considering that option of trying them out
Their head office is here in Nigeria.
As i have promised to update you guys! I deposited $300 with acmbrokers.com and my account was credited within 2hrs very fast indeed. Also there spread is very very low it cannot be compared to any forex brokers in Nigeria. Although, they have both fixed and floating spread, i am trying their fixed spreads for now. Execution is quite fast too.
If anyother person has checked, please lets discuss it. Am kind of excited about them because they are the first indigenous brokerage in Nigeria.
Nigerians have good people too. Only recent China is investing billions of dollar in Nigeria. didn't you check the news before speaking? Am going to try the broker out its Nigerian and they understand people better. i have had fund frozen and price manipulation with western brokers in the past. things are much more flexible in the industry now and i think Nigerian broker will stand more than a chance in this industry.